CatWifHat vs Anonymous Cat

Anonymous Cat (ZCAT) is 402.8× the size of CatWifHat (CATWIF) by market capitalisation. Over the past 30 days, CATWIF is ahead by 92.0 percentage points (CATWIF +48.6% against ZCAT -43.4%). Their daily returns move barely in opposite directions (correlation -0.05 across 36 shared trading days). CATWIF has been the more volatile of the two, at 487% annualised against ZCAT's 290%.

Correlation: -0.05
Size ratio: 1 : 402.8
Ahead over 30 days: CATWIF

CatWifHatCATWIF

$6.656e-5

24h: +0.95%
Market cap: $59,867
Volume 24h: $3
Volatility (ann.): 487%

Anonymous CatZCAT

$0.024963

24h: -3.73%
Market cap: $24.11M
Volume 24h: $1.64M
Volatility (ann.): 290%

CATWIF 0.2%Share of the two combined market caps99.8% ZCAT

Performance

CATWIFZCAT

7 days-8.38%-47.53%CATWIF
30 days+48.65%-43.37%CATWIF

Correlation

-0.05over 36 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0690d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	CATWIF	ZCAT
Max drawdown (400d)	-53.0%	-67.3%
Risk-adjusted return (90d)	0.08	-0.20

Relative strength over 90 days: CATWIF outperformed ZCAT by 185.9% — measured on the CATWIF/ZCAT ratio, so it holds regardless of market direction.

CatWifHat →Anonymous Cat →